1421 N Lake Way Palm Beach FL 33480

Address
1421 N Lake Way, Palm Beach, FL
Price
$ 10,900,000
Property Attributes
  • MLS#R11130361
  • TypeLand
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Beach
  • Area5004
  • NeighborhoodNORTH SHORE ADD TO P B IN
  • Zip33480
  • Style
  • Taxes$ 108773
  • Price$ 10,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.31 Acres
Data Source:
Beaches MLS (FL)
Property Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

Elementary School High School
Palm Beach Public Elementary School Palm Beach Lakes High School
Price History
1/15/2026 Listed $10,900,000

General Features

Utilities Electricity Available,Sewer Available,Water Available
Possession Close Of Escrow
Development Status Raw Land
Electric 3 Phase
Property Subtype Unimproved Land
Tax Year 2025
Current Use Single Family
County Palm Beach
Property Type Land
Subdivision Name NORTH SHORE ADD TO P B IN
Facing Direction West
Possible Use Single Family
Status Active
Directions North end of the island. Reef Road just east of Intracoastal
High School Palm Beach Lakes
City Palm Beach
MLS Area 5004
Lot Size Square Feet 13503.6
Elementary School Palm Beach Public
Tax Annual Amount 108773
Virtual Tour https://www.propertypanorama.com/1421-N-Lake-Way-Palm-Beach-FL-33480--RX-11130361/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
PostalCity Palm Beach
Legal Description NORTH SHORE ADD TO PALM BEACH LT 42

Exterior Features

Vegetation Grassed,Other
Lot Features Other,1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Acres 0.31
Waterfront Y/N false
Road Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33480

Price
AVG $19.38M
$10.9M
Taxes
AVG $64,906
$108,773

Areas We Cover